CommercialCOMMERCIAL & RESIDENTIALConservationDistrict 12 · Novena

268 Balestier Road

Reviewed by Nathan TangUpdated 24 September 2026Data through Nov 1999
Quick Summary

268 Balestier Road is a commercial building in District 12 · Novena, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. 2 transactions are on record since 1995, most recently in Nov 1999. ACRA records 2 live company registrations at this address.

1

What are the key facts about 268 Balestier Road?

Key takeaway268 Balestier Road is a commercial building in District 12 · Novena, zoned COMMERCIAL & RESIDENTIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
Tenure
Not on record
District / Area
District 12 · Novena
Address
268 Balestier Road
Land area
—
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
2
2

About 268 Balestier Road

268 Balestier Road is a commercial property in Novena (District 12). It is located along Balestier Road, Singapore 329719.

Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 3. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines.

2 transactions have been recorded here, at a median of S$920 psf. The most recent was in November 1999.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Novena MRT Exit A, 968 m away (about a 15-minute walk). The closest bus stop (Opp Balestier Pt) is 90 m away (about a 1-minute walk).

3

What is 268 Balestier Road zoned as?

Key takeaway268 Balestier Road sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 3.0, with conservation status.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
Conservation area
Balestier
Conserved building
Yes

Run the full zoning report for this building →

4

What has 268 Balestier Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Nov 1999 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 1999Shop HouseS$1.26M1,449 sqft$873
Oct 1996Shop HouseS$1.40M1,449 sqft$966

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.

5

How does Balestier Road price?

Key takeawayAcross 46 strata sales on Balestier Road in the last 5 years, the median is $1,951 psf.
Strata sales on the street (5y)
46
Street median PSF (strata)
$1,951

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near 268 Balestier Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 12 retail

Gross yield (area)
3.9%
3.5% net of property tax
Rent side (median of bands)
$97.03 psm/mo
2026Q2
Price side (strata, 5y)
$2,767 psf
52 sales

An INDICATIVE AREA yield for District 12 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 12 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$62.49$64.71$66.54
Level 1 · 30 & Below$63.21$75.71$98.74
Level 1 · >30 - 100$112.99$125.25$147.17
Level 1 · >100 - 300$102.41$118.35$120.63

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

7

What is near 268 Balestier Road?

Amenities nearby

Chua Clinic · 21 mHotel · 35 mPlace Of Worship · 60 mOpp Balestier Pt · 90 mEducational Institution · 362 mWhampoa Community Club · 543 mTan Tock Seng Hospital · 638 mKallang Polyclinic · 893 mNovena MRT Exit A · 968 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Semper Fidelis Fine Foods Private Limited · 36 mBlks 91/92 Whampoa Drive # · 166 mSquare 2 · 1000 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 268 Balestier Road?

Key takeawayACRA records 2 live company registrations at this address.
Live registrations
2
Registered last 3 years
0
Most common type
Local Company

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

9

Frequently asked questions about 268 Balestier Road

Where is 268 Balestier Road?⌄

268 Balestier Road is at 268 Balestier Road, Singapore 329719, in the Novena planning area.

What is 268 Balestier Road zoned as?⌄

268 Balestier Road sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.

Is 268 Balestier Road a conserved property?⌄

Yes. 268 Balestier Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 268 Balestier Road sold for?⌄

Across 2 recorded transactions, the median price is S$920 psf. The latest was in November 1999.

What is the nearest MRT station to 268 Balestier Road?⌄

Novena MRT Exit A is the closest, 968 m away (about a 15-minute walk).

How many businesses are registered at 268 Balestier Road?⌄

2 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

For agents · in the PropKaki app

The facts are here — now get the verdict on 268 Balestier Road.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about 268 Balestier Road — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…